Auris Minerals Ltd. · ASX:AUR
Auris Minerals — Investor Presentation (July 2019)
16 slides from Auris Minerals's investor presentation, Jul 10, 2019
Slide 1: Focused on Making the Bryah Basin's Next Discovery
For personal use only FOCUSED ON MAKING THE BRYAH BASIN’S NEXT DISCOVERY CORPORATE UPDATE – JULY 2019
Slide 2: Competent Person's Statement & Disclaimer
COMPETENT PERSON’S STATEMENT & DISCLAIMER Information in this announcement that relates to exploration results is based on and fairly represents information and supporting documentation prepared and compiled by Matthew Svensson who is a For personal use only Member of the Australian Institute of Geo
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only Board and Management Capital Structure Share Price (as at July 2019) 1.5c Neville Bassett Non-Exec Chairman Shares on issue 408m Rob Martin Non-Exec Director Market Capitalisation (as at July 2019) ~$6m Brian Thomas Non-Exec Director Cash & Liquid Investments
Slide 4: Company Overview
COMPANY OVERVIEW “… the Bryah Basin is the most prospective, high grade copper belt in Australia…” For personal use only - Sandfire Resources NL (ASX: SFR) Annual Report 2018 Auris Minerals holds some of the most prospective ground for both volcanic-hosted massive sulphide (VHMS) and gold in the B
Slide 5: Prominent Position in a Top Mining Jurisdiction
PROMINENT POSITION IN A TOP MINING JURISDICTION For personal use only Sandfire Resources: DeGrussa Cu-Au Discovered 2009 Resource 2011 – 14.3Mt @ 4.6% Cu and 1.6g/t Au for 652kt Cu and 742koz Au1 Mine Life to Mid 2022 Sandfire Resources: Monty Cu-Au Ore Reserve (Mar 2017): 80kt Cu & 42koz Au
Slide 6: Foundations Set for Future Growth
FOUNDATIONS SET FOR FUTURE GROWTH For personal use only Geophysical interpretations of geology: WEST BRYAH BASIN (1:100k), and FORREST & CASHMAN areas of interest (1:25k) Geochemical soil sampling at Geochemical soil Aircore drilling: MLEM follow-up Historic Exploration Review – Orient Prospect: CAS
Slide 7: Forrest Project (AUR 80%)
FORREST PROJECT (AUR 80%) Narracoota volcanic rocks under Ravelstone For personal use only sedimentary rocks Starlight (max. 5m drill holes) Project Overview Forrest Project1 (AUR 80% / Fe Ltd 20% (ASX:FEL)) covers 227 km2 Fortnum Au in the northwest of the Bryah Basin Equivalent position to Hor
Slide 8: Forrest Prospect
FORREST PROSPECT For personal use only S N Significant Copper Intersects New AC Discovered in 2014 through re-assaying of gold focused drilling RC and Diamond drilling significant intercepts include; FGDD001: 9.65m @ 5.00% Cu and 1.91g/t Au from 142.4m* FGDD003: 9.55m @ 2.25% Cu and 0.66g/t
Slide 9: Wodger Prospect
WODGER PROSPECT For personal use only Significant Copper Mineralisation New AC Discovered in 2014 through re-assay of historic drill spoils Air Core drilling in 2015/16, RC/Diamond Drilling in 2017 WDRC005: 25m @ 2.87% Cu and 0.48g/t Au from 193m* 1 WDRC002: 6m @ 3.14% Cu and 2.61g/t Au from
Slide 10: Forrest Project Regional Prospectivity
FORREST PROJECT1 For personal use only Regional Prospectivitiy Under-explored prospective Aircore drilling completed between Wodger and Big Billy*; stratigraphy – Narracoota underlying Ravelstone 14m @ 0.29% Cu, from 28m to EOH Wilthorpe-Kinders 8m @ 0.13% Cu, from 24m Fault: VHMS and gold 1
Slide 11: Cashman Project
CASHMAN PROJECT2 Prospectivity For personal use only The southern leases cover the most prospective VHMS unit – the Karalundi Formation (DeGrussa-host stratigraphy). Narracoota-Ravelstone contact may have potential for Horseshoe Lights style VHMS Copper and gold deposits along strike from the te
Slide 12: Horseshoe Well Project
HORSESHOE WELL PROJECT3 Prospectivity For personal use only Horseshoe Well project is regionally under explored Edmund-Collier Group rocks cover prospective Bryah Group rocks • Depth to Narracoota likely only 200m in southern part of tenement package (E52/3166 and 3291) • Historic drilling north
Slide 13: Sandfire Resources NL JV – Morck Well East / Doolgunna
SANDFIRE RESOURCES NL JV – MORCK WELL EAST / DOOLGUNNA For personal use only SFR paid $1.5m for Farm-in Right to Morck Well East and Doolgunna Projects in February 2018 Minimum expenditure of $2m within 2 years Bryah Group SFR to sole fund exploration until a Feasibility Study is completed on
Slide 14: Near-Term Value Drivers
NEAR-TERM VALUE DRIVERS Renewed focus with highly experienced technical team in place to pursue the ‘next’ discovery in the For personal use only Bryah Basin Improved geological re-interpretations is driving the exploration of previously under-explored yet highly prospective areas of the Bryah B
Slide 15: Project Summary
PROJECT SUMMARY High grade copper intersections at the Forrest-Wodger Project reinforce the prospectivity for VHMS For personal use only and gold potential along strike from WestGold’s Fortnum Gold and Starlight VHMS intersection Renewed excitement for Horseshoe Well Project – unexplored ground
Slide 16: Contact
Mike Hendriks Level 3, Richardson Street, West Perth WA 6005 For personal use only PO Box 298, West Perth WA 6872 P +61 8 6109 4333 E general@aurisminerals.com.au W www.aurisminerals.com.au https://au.linkedin.com/company/auris-minerals-limited @AurisMinerals 16